No Stupid Questions

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With Reddit becoming public, why are the founders creating so much drama around the site? Wouldn't that make their IPO worse? (kbin.social)

submitted 2 years ago* (last edited 2 years ago) by --@kbin.social to c/NoStupidQuestions@kbin.social

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I'm not into investing, so sorry if this doesn't make sense.

With all the drama and news surrounding Reddit recently, why is Reddit making such bad decisions when they are about to go public? With all of their negative decisions they've been making recently, wouldn't all the bad press make their IPO worse? Are they trying to maximaze their profits to make their company seem better to investors when they go public?

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[–] furrowsofar 3 points 2 years ago

Who can know for certain. Most likely maximizing profits for a rushed IPO. They also seem to have a CEO that is not really up to the job.